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10. Bull, Bear & Beyond – abrdn UK Smaller Companies Growth Trust in 60 seconds image

10. Bull, Bear & Beyond – abrdn UK Smaller Companies Growth Trust in 60 seconds

S1 E10 · Bull, Bear & Beyond by Edison Group
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7 Plays1 year ago

Edison’s investment companies team recently published a review of the abrdn UK Smaller Companies Growth Trust. Managers Abby Glennie and Amanda Yeaman are encouraged by further improvement in the trust’s performance as the UK stock market is once again rewarding companies with strong fundamentals, while interest rate cuts typically lead to small- and mid-cap share price outperformance versus large-cap stocks. The managers’ stock selection approach is bottom-up and involves the use of the Matrix, which is a proprietary multifactor model that screens the investment universe for firms with quality, growth and momentum attributes. Glennie and Yeaman report that many investee companies are issuing positive trading statements, and the trust’s portfolio is trading at the low end of its historical valuation range versus its reference index.

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About ‘Bull, Bear & Beyond’
Bull, Bear & Beyond': features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit.

About Edison:
Edison is a content-led IR business. We believe quality investment content should inform all investors, not just brokers. Our mission: engage and build bigger, better-informed investor audiences for our clients.

Edison covers 50+ investment trusts, read about them here: https://www.edisongroup.com/equities/investment-companies/

Original interview published on 09/10/2024 and reposted as a podcast

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Transcript

Review of Aberdeen UK Smaller Companies Growth Trust

00:00:00
Speaker
Edison's investment companies team recently published a review of the Aberdeen UK Smaller Companies Growth Trust.

Performance Drivers and Market Dynamics

00:00:08
Speaker
Managers Abby Glennie and Amanda Yeaman are encouraged by further improvement in the trust's performance as the UK stock market is once again rewarding companies with strong fundamentals, while interest rate cuts typically lead to small and mid-cap share price outperformance versus large cap stocks.

Investment Strategy: Bottom-up Approach

00:00:29
Speaker
The managers stock selection approach is bottom up and involves the use of the matrix, which is a proprietary multi-factor model that screens the investment universe for firms with quality growth and momentum attributes.
00:00:43
Speaker
Glennie and

Current Portfolio Valuation and Positive Outlook

00:00:44
Speaker
Yehman reports that many investee companies are issuing positive trading statements and the trust's portfolio is trading at the low end of its historical valuation range versus its reference index.